Barron's

Albemarle Corp. Dep. Pfd. (Rep. 1/20th 7.25% Pfd. Cl A)

Albemarle Corp. engages in the development, manufacture, and marketing of chemicals for consumer electronics, petroleum refining, utilities, packaging, construction ...
Indiatimes

Disclosing AI revenue: Finding a best practice between Accenture’s U-turn and TCS debut

Accounting bodies like ICAI remain in a wait-and-watch mode as the industry is grappling with divergent practices for reporting revenue from artificial intelligence. While there is scope for ...
Indiatimes

TCS breaks its own rules as AI forces a strategic U-turn

After layoffs and a tighter bench, Tata Consultancy Services has made its largest-ever acquisition — Coastal Cloud for USD700 million — and launched an AI-focused data-centre JV with TPG. The company ...
The Free Press Journal

'When Will You Conduct An Investigation Against TCS Layoffs?’ IT Industry Demands Probe As Dividend Payout Hits ₹45,000 Crore

The Forum for Information Technology Employees (FITE) has demanded the formation of a Special Investigation Team (SIT) to probe alleged unfair practices in Tata Consultancy Services (TCS) layoffs this ...
cnbctv18

TCS shares see modest gains after $700 million acquisition, Fed rate cut

Shares of Tata Consultancy Services will be in focus on Thursday, December 11, after the company announced a $700 million all cash acquisition of AI services and advisory firm Coastal Cloud. The deal ...
telecom.economictimes.indiatimes

TCS to acquire Coastal Cloud for $700 million to boost Salesforce consulting services

NEW DELHI: India's largest IT services firm, Tata Consultancy Services (TCS), said on Wednesday that it is acquiring the US-headquartered Coastal Cloud for $700 million in an all-cash deal. This ...
Indiatimes

TCS to buy AI advisory firm for $700 million

BENGALURU: TCS signed a definitive agreement to acquire US-based Salesforce consulting firm Coastal Cloud in an all-cash deal valued at $700 million. Founded in 2012, Coastal Cloud brings AI-led ...
Mint

Big deal: TCS strikes its largest acquisition ever, buys Coastal Cloud for $700 million

Tata Consultancy Services (TCS) on Wednesday made its largest buyout since going public in 2004, agreeing to acquire technology consulting firm Coastal Cloud for $700 million in cash. Significantly, ...
Microsoft

Cognizant, Infosys, TCS and Wipro emerge as Frontier Firms with Microsoft—deploying Copilot and agentic AI across the enterprise

The four companies will collectively deploy over 200,000 Microsoft Copilot licenses, redefining work and innovation at scale. Bengaluru, India, — December 11, 2025 — Microsoft Chairman and CEO Satya ...
Indiatimes

Maharashtra labour minister Aakash Fundkar gives written reply in Vidhan Parishad on TCS layoffs

Maharashtra Labour Minister Aakash Fundkar confirmed 376 TCS employees were laid off at Pune campuses in the last two quarters. The minister clarified these job cuts were not linked to AI or ...
The Financial Express

OpenAI-TCS deal in the making? ChatGPT maker in talks for major India AI infrastructure project

ChatGPT maker OpenAI is reportedly in advanced discussions with India’s Tata Group to establish its first major AI compute infrastructure in India. This news comes after the company’s previous ...
The Free Press Journal

TCS Pune Lays Off 365 Employees In Last Few Days; Complaints Lodged With Labour Commissioner

Tata Consultancy Services (TCS) layoffs do not seem to end. Earlier this year, the company had announced that over 12,000 employees will lose their jobs this year, and all offices across India are now ...